Tenant Fees
Before the Tenancy Begins |
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Holding Deposit
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Equivalent Of 1 Weeks’ Rent The holding deposit is, by agreement, allocated toward to your first months’ rent, in accordance with the Tenant Fees Act 2019.
The holding deposit is refundable in some circumstances, please enquire for further information. |
No Deposit Option - Reposit*
We are partnered with Reposit, providing a ‘No Deposit Option’, which is only available on properties where the landlord has agreed to offer the Reposit service.
*Fees payable to Reposit directly as detailed in their terms and conditions |
Initial Charge One Weeks Rent (One off, non-refundable service charge payable directly to Reposit)
Annual Extension Charge £30.00 (inc VAT) (Payable directly to Reposit on the anniversary of your move in date if you stay longer than a 12 month period)
Replacement of Tenant Charge £50.00 (inc VAT) (Admin charge payable directly to Reposit to update Tenants details)
ADR Charge (Alternative Dispute Resolution) £60.00 (inc VAT) Payable direct to Reposit if a claim goes to ‘ADR’ |
During the Tenancy |
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For tenancies commencing after 1st June 2019 where a request is received from the Tenant, for a variation, assignment or novation of the Tenancy Agreement, a charge of £50.00 (inc. VAT) will apply, per instance.
In the event of lost keys, the cost of replacement (or change of locks if required), is payable by the Tenant.
Where rent is outstanding, interest will be charged on monies overdue, in accordance with the Tenant Fees Act 2019.
If your Tenancy started before 1st June 2019, please refer to your Tenancy Agreement for further information on applicable fees and charges. |